yhiaali3 (OP)
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May 05, 2021, 09:58:01 PM Last edit: May 16, 2023, 04:28:44 AM by yhiaali3 |
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ETC new historic peak exceeds 900% in just 3 months The price of ETC has gone up insanely for the past 2 days I have touched about $ 100 after it was just $ 9 about two months ago !!! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F16%2Fblob6298b9c62cab74b2.jpeg&t=665&c=BWSoc7YUMwTZ5g) Some analysts set big targets as is evident from the picture and the first two targets have already been hit !!! The third and fourth goals remain, but they are big targets Do you think that the ETC is possible to touch these targets? Or is that difficult at the moment? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F16%2Fblobf97b63446648215e.jpeg&t=665&c=LcyGRvjI69IgSw)
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GreatArkansas
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May 06, 2021, 03:12:10 AM |
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Ethereum Classic is really sleeping dragon. Before when Ethereum is still not owning, this Ethereum Classic is still sleeping. But look at it now, it really pumped too hard. What I think is, people who were not able to hop in on Ethereum before, just start to buy Ethereum Classic instead of Ethereum. This is proven about gains, seems Ethereum Classic correlated with Ethereum recently.
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jossiel
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May 06, 2021, 06:48:24 AM |
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With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
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yhiaali3 (OP)
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May 06, 2021, 06:17:24 PM |
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Ethereum Classic is really sleeping dragon. Before when Ethereum is still not owning, this Ethereum Classic is still sleeping. But look at it now, it really pumped too hard. What I think is, people who were not able to hop in on Ethereum before, just start to buy Ethereum Classic instead of Ethereum. This is proven about gains, seems Ethereum Classic correlated with Ethereum recently.
This is what I think too, there is a close correlation between ETC and ETH so it is likely that ETC will continue to rise as ETH continues to rise. This is a good analysis. The speculators who could not buy Ethereum due to its high price are now turning to buying ETC. With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
Quite true, ETC also Doge fully shows that speculators can raise the price of any coin as they want regardless of its advantages or disadvantages, ETC suffers a lot of problems and its network is weakly protected, but despite this its price has risen fantastically. Also, its ease of mining will make miners flock to mining ETC because of its high price and this will bring them huge profits.
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Sled
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2021, 09:15:13 PM |
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Another coin that is trying to catch the attention of the investors, and it looks successful already. I still remember how hype ETC also in the past bull run, so this is really it, it's already an altcoins season where major altcoins are in the run, ETH had a big-time rise, ETC won't be late for that. Watch out for this coin, it might continue to rise and might be in the top 10 soon. By the way, as of this writing, it's already 154 USD now, with 63% increase in 24 hours. https://coinmarketcap.com/currencies/ethereum-classic/
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wheelz1200
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May 06, 2021, 10:51:14 PM |
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ETC new historic peak exceeds 900% in just 3 months The price of ETC has gone up insanely for the past 2 days I have touched about $ 100 after it was just $ 9 about two months ago !!! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FV3a6h5l.jpg&t=665&c=FkchLLF-SG6KyA) Some analysts set big targets as is evident from the picture and the first two targets have already been hit !!! The third and fourth goals remain, but they are big targets Do you think that the ETC is possible to touch these targets? Or is that difficult at the moment? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FoTiBGgY.jpg&t=665&c=aSezh7tLCTtiPQ) I don't think etc is any different than any other coin at this point. So many alts have went completely insane. There is no reason for this craziness, I would thinking shorting coins like etc in the near future might be the winning move.
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ivankoh
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May 07, 2021, 10:57:30 AM |
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With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
That's right, I think that after the 51% attack prompted Okex to warn his willingness to cancel the listing of ETcs on their exchange, anyone thought ETC would not be able to break out of this black hole. However, the current ETC is showing a big rebound, by comparison, I think it has the same characteristics as ETC with 51% and XRP with SEC. Lol -Presumably, after bitcoin recovered and flattened, institutional investors saw a huge benefit to ETC after the Mantis development team made a big step forward with their product coming. https://youtu.be/Cnhle3zmbpY
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grabpopcorn536
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May 07, 2021, 12:10:16 PM |
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With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
Does that mean that miners are switching to ETC and the value of ETC increases because miners need it? I don't think ETC has made much progress in terms of technology and is currently overvalued. ETC could be a survival bubble on a bear market, it could be the next NEO as in the past NEO has plummeted from $ 200 to below $ 8.
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cryptoperkele
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May 07, 2021, 01:58:49 PM |
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Is this just speculation for the charts? Because i see absolutely no reason for Ethereum classic to exist and i don't think it's bringing anything to the table in terms of tech or cryptocurrency adoption. It's just a fork for a statement and doesn't create anything else but confusion and division.
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TeQuiero
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May 07, 2021, 02:47:31 PM |
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I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
I think this is the reason behind ETC's increase. Of course, market's bull run also contributes to that. Although ETC is a good coin, but 900% increase in just 3 months is insane. Even a shitcoin couldn't pump that way. ETH's migration to PoS is good for both ETH and ETC. ETH network becomes more efficient while ETC gets more attention from miners and investors.
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MishaSER
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BIB Exchange
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May 07, 2021, 03:38:24 PM |
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I'm a fool, I wanted to buy ETC at the beginning of the year, but I knew that this would happen and missed the opportunity, I forgot. I am most interested in whether this project has a future, what is it for? Does he also use smart contracts?
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Fesatmas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2021, 03:53:10 PM |
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I see it clearly and full of regret. selling 1000 ETC in early February. I did not expect that the Ethereum shard would grow this significant. but it is undeniable that the growth of all altcoin is almost even and can be felt by all holders of any altcoin. even short-lived shitcoin have a chance to pump nearly 1000% more.
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Cengghengmania21
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May 07, 2021, 05:41:33 PM |
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ETC prices occur because it coincides with the increasing alt season as it is now. so as long as the alt season continues, ETC prices will likely continue to reach the levels that were drawn. but this is only a prediction and what determines is the demand that occurs in the market .. we'll see
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go4crypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2021, 05:48:59 PM |
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I think investors are grabbing any coin that looks cheap. ETC was very cheap compared to ETH so it got the pump to get a better valuation. Many bitcoin forks have pumped nicely for similar reasons too.
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jossiel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2021, 05:59:15 PM |
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With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
Quite true, ETC also Doge fully shows that speculators can raise the price of any coin as they want regardless of its advantages or disadvantages, ETC suffers a lot of problems and its network is weakly protected, but despite this its price has risen fantastically. Also, its ease of mining will make miners flock to mining ETC because of its high price and this will bring them huge profits. That's a sure thing as for mining, I think that's main reason aside from we're in the altcoin bull run. -Presumably, after bitcoin recovered and flattened, institutional investors saw a huge benefit to ETC after the Mantis development team made a big step forward with their product coming.
I didn't know about this Mantis development but it might be another one reason that contributed to its rise recently. I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
I think this is the reason behind ETC's increase. Of course, market's bull run also contributes to that. Although ETC is a good coin, but 900% increase in just 3 months is insane. Even a shitcoin couldn't pump that way. ETH's migration to PoS is good for both ETH and ETC. ETH network becomes more efficient while ETC gets more attention from miners and investors. I don't think it's a good coin but until it has risen with that gain, everyone who sees the gain will start to say that it's a good coin. That gain that it has made really takes the attention of everyone that's being amazed on that percentage.
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yhiaali3 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2021, 06:36:05 PM |
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With the 51% attack that happened on it, I think this bull run is waking up every coin that it can base on what the investors want to wake up. With the upcoming transition of ETH to POS and other updates.
I think ETC is getting livelier due to those miners that are seeing its profitability as they mine it.
Does that mean that miners are switching to ETC and the value of ETC increases because miners need it? I don't think ETC has made much progress in terms of technology and is currently overvalued. ETC could be a survival bubble on a bear market, it could be the next NEO as in the past NEO has plummeted from $ 200 to below $ 8. Not for this reason, what is meant is that ETC is similar to Ethereum, and since Ethereum has risen in price dramatically, so miners are switching to ETC because it is easier than mining Ethereum, the rise of Ethereum causes the ETC to rise automatically because there is a correlation between the two currencies, but this will make the production of ETC increase from During increased mining, this could lead to an increase in the amount of ETC supplied in the market and thus lead to a decrease in the price after it becomes saturated in the market. So I think that the ETC price will definitely decrease in the next few days. In fact, I see that the decline has already started.
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Meta anggraini
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2021, 12:00:18 AM |
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IMO its because many people who mining Ethereum move to ETC and rising the difficulties of it. Somehow its created the price increased, also its because this is Altcoin Bullish season.
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Ararbermas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2021, 12:35:55 AM |
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What a massive bump on price especially within 3 months.? Its very optimistic and this kind of alts is what we looking for when it comes investing not those only good when start up and fail to excess on their main goal.. Actually im wondering why this kind of projects are not really popular on crypto space despite the potential and future is really promising.. Btw thanks for sharing this good news..i hope OP you didn't miss the train.
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FinneysTrueVision
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2021, 02:04:42 AM |
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I used to own a lot of ETC but over time their developers abandoned it and we didn't see any adoption. I dumped what I had before the price got too low. Now we see it pumping but it is mostly just riding ethereum's coattails. I don't see it really gaining any traction outside of just using it for speculation. We have seen how bad it's security is after it was attacked and reorganized multiple times. It's starting to show some signs of life but it is not something I have too much confidence in. Over a long period of time it's price will go back down.
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mrjoy15
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May 08, 2021, 03:41:35 AM |
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ETC such a game changer, I wish I had put in $20 a couple months ago but I missed it completely. No big deal since my other holding doing great, those who got it's low turn out true champion now. Now, it's time for some correction. Hoping it will get back over $150 at least in the coming days. I'm all in on ETC right now, just wish not tanking hard.
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